NEW YORK, May 31, 2024 /PRNewswire/ — The global education consulting market size is estimated to grow by USD 771.98 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 5.78% during the forecast period.
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Forecast period
2024-2028
Base Year
2023
Historic Data
2018 – 2022
Segment Covered
Type (K-12 and Higher education), Platform (Online and Offline), and Geography (North America, Europe, APAC, South America, and Middle East and Africa)
Region Covered
North America, Europe, APAC, South America, and Middle East and Africa
Key companies profiled
Anglia Education Consulting Ltd., Boston Consulting Group Inc., Broils Consulting Group LLC, ClearView Consulting Co., Colton Strawser Consulting LLC, Credo, Edmentum Inc., Education Consulting Services LLC, Education Elements Inc., EducationCounsel LLC, Generation Ready Inc., Global Education Ltd., Innovatech Solutions Inc., Insight Education Group Inc., Jinan Overseas, Margery Ginsberg, My Learning Springboard Inc., Prismatic Services Inc., Singapore Education Consulting Group, and L.E.K. Consulting LLC
Key Market Trends Fueling Growth
The integration of advanced technologies like digital badging and micro-credentials in education is transforming assessment methods in educational institutions. Pearson’s introduction of digital credentials in higher education is an example. These technologies enhance student performance, enable teacher monitoring, and promote authentic outcomes.
Balanced assessments, facilitated by learning management systems and content management systems, analyze academic and non-academic student performance. This evolution positively impacts the global educational consulting market, improving the alignment of teaching facilities with student learning needs.
The education consulting market is experiencing significant growth, with a focus on digital learning and development. Firms provide services such as curriculum design, teacher training, and technology implementation. Consumer demand for personalized education plans and online courses is increasing. Firms use platforms for delivering content and assessing student progress. They also offer consulting services for schools and universities on technology integration and policy development.
The trend towards remote learning and the need for educational equity are driving market expansion. Firms help institutions adapt to these changes and provide solutions for students of all backgrounds. The use of artificial intelligence and machine learning in education is also gaining traction. Firms offer services to implement these technologies and help schools and students make the most of them.
Market Challenges
The global education consulting market may face challenges due to the growing availability of free or low-cost open educational resources and massive open online courses. Open access resources, such as full open access and self-archiving, are reducing the need for consulting services. MOOCs offer free courses in various fields, impacting the demand for education consulting. Despite the benefits of flexibility and cost-effectiveness, the absence of certification in many MOOCs remains a concern.The education consulting market faces several challenges in delivering effective solutions to clients. These include the need for customized approaches in a diverse student population, keeping up with technological advancements, ensuring regulatory compliance, and providing affordable solutions for all income levels. Additionally, the increasing competition in the market requires consultants to differentiate themselves through innovative programs and personalized services.Furthermore, the constant evolution of education policies and trends necessitates staying informed and adaptable to remain competitive. Overall, the education consulting industry requires a strong understanding of the unique needs of each client and the ability to provide tailored solutions to overcome these challenges.
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Segment Overview
Type 1.1 K-121.2 Higher educationPlatform 2.1 Online2.2 OfflineGeography 3.1 North America3.2 Europe3.3 APAC3.4 South America3.5 Middle East and Africa
1.1 K-12- The K-12 educational sector is experiencing growth due to the rising number of institutions and the adoption of interactive learning methods. Students are seeking education consulting services to help navigate this new approach. Innovative content packages and government support for virtual schools are driving the demand for digital educational publishing. This trend is expected to boost the K-12 segment in the global education consulting market during the forecast period.
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Research Analysis
The Education Consulting Market encompasses a wide range of services for K-12 Students, Educators, Schools, and Institutions. Our expertise lies in Curriculum Development and Assessment Services, utilizing both Online and Offline methods. We offer Assessment methods based on Digital Badges and Micro Credentials, enhancing the recognition of Educational Institutions.
Our Instructional Design team specializes in Assessment and Evaluation, while providing Teacher Training and leveraging Educational Technology. We cater to Clients from Colleges, Government Departments, Non-Profit Organizations, and Private Corporations, delivering Customized Solutions and Remote Learning Methods for Course Development.
Market Research Overview
The Education Consulting Market encompasses a range of services aimed at enhancing educational institutions and individual learners. These services include strategic planning, curriculum development, accreditation, student recruitment, and technology integration. The market caters to various sectors, including K-12 schools, higher education institutions, and corporate training. The demand for education consulting is driven by the increasing competition in the education sector, the need for academic excellence, and the integration of technology in learning.
The market is expected to grow significantly due to the rising awareness of the benefits of professional education consulting services. The use of advanced technologies, such as artificial intelligence and machine learning, is also transforming the education consulting landscape. Overall, the Education Consulting Market plays a crucial role in shaping the future of education by providing expert guidance and innovative solutions.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
TypeK-12Higher EducationPlatformOnlineOfflineGeographyNorth AmericaEuropeAPACSouth AmericaMiddle East And Africa
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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SOURCE Technavio
